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Ask HN: Contractors, what is your hourly rate?

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Re: Ask HN: Contractors, what is your hourly rate?

#191
post #190

Earlier quoted context omitted.

Yes, because lots of expenses are already paid by the employer, so no need to ramp up the loan.

Ah, yes, all the expenses my clients pay for me.

Ah, that way around. Sorry, didn't get that you looked at it from that angle.

Re: Ask HN: Contractors, what is your hourly rate?

#192
post #174

Earlier quoted context omitted.

How long have you been in the field? Data Science and Machine Learning?

10+ years but I started consulting while as an undergrad.

Can you share recommended resources to get started? Is it possible to get into without a degree?

Re: Ask HN: Contractors, what is your hourly rate?

#194
post #86
post #27

I do backend Java development as a mid-senior engineer (~10 years of experience). I have a good grasp of SQL, git, Spring, ... I do 35€/hr in central/southern Europe, working for a local fintech company (2-3x what I'd get as wage). I plan on rising my rates later this year. I was in talks with a US company, and they balked when I requested 42$/hr as that was what they paid their employees from the US.

You should rise your rate to 2-4x that, and only bother talking to companies that accept such rates (possibly in other regions). If they haggle and you like them / the project, give a symbolic discount like 20%.

I know you probably should request at least 80 eur/h as a freelance but finding a company willing to go for that out of nowhere is impossible. You need really good network to be able to do this. Chance of a company offering a random dude from the internet those rates is near zero. They can hire two cheap devs for that and profit much more, even if those developers will do worse job than you. A lot also depends on the stack you work in. .NET is not as hot as React f.e.

Re: Ask HN: Contractors, what is your hourly rate?

#195
I'm both a lawyer and a software engineer, so I have two different rates depending on the work I'm doing. My legal fee is $495 an hour, and my engineering fee is $395 an hour. I expect to increase both of those next year.

I offer a blended rate for companies that are in need of both legal and software services; these are usually early stage startups, non-profits, and small family offices.

Re: Ask HN: Contractors, what is your hourly rate?

#196
post #126

My rate is 165 USD/hr, but I’ll drop it as low as 135 for a long contract (6 months+). I do custom software for the refrigeration industry (mostly simulations, sensor data logging, a lot of web apps, etc.). But yeah like another poster mentioned, I just raise it every time I work with a new customer. Imo hourly rates are kind of bogus because not every hour is the same and hours can’t determine value. Generally I neg…

Excellent. I do bluetooth mobile apps for the refrigeration industry, and currently thinking about leaving my job for something in USD... I always say the number 50 USD/hour, since I feel like recruiters/platforms expect for a LATAM based dev to charge a bit less..

You're underselling that hourly rate pretty hard. There's a comment above about the fully qualified labour rate. Its worth a read, and from experience you need to be placed higher with the rate than $50 USD.

Re: Ask HN: Contractors, what is your hourly rate?

#197

I'm both a lawyer and a software engineer, so I have two different rates depending on the work I'm doing. My legal fee is $495 an hour, and my engineering fee is $395 an hour. I expect to increase both of those next year. I offer a blended rate for companies that are in need of both legal and software services; these are usually early stage startups, non-profits, and small family offices.

>small family offices

interesting, hat kind of work they request? some investment , data feed, etc.. automation?

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